Ep. 38: A Hundred Billion Dollar Hole


Why are Indian banks in so much trouble? Why have so many of their loans gone bad? How can the Government of India plug a $100B hole in the banking sector?

In Episode 38 of the Pragati podcast, hosts Pavan Srinath and Hamsini Hariharan are joined by Narayan Ramachandran to unpack India's banking crisis.

Narayan is the Chairman of RBL Bank, a former country head of Morgan Stanley, as well as a co-founder and fellow at the Takshashila Institution. He writes a regular column on Mint called A Visible Hand (https://www.livemint.com/Search/Link/Author/A%20Visible%20Hand%7C%20Narayan%20Ramachandran).

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